Sunriver Management LLC Raises Holdings in Stanley Black & Decker, Inc. $SWK

Sunriver Management LLC increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 299.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 567,473 shares of the industrial products company’s stock after purchasing an additional 425,509 shares during the period. Stanley Black & Decker makes up about 4.6% of Sunriver Management LLC’s portfolio, making the stock its 14th biggest position. Sunriver Management LLC’s holdings in Stanley Black & Decker were worth $42,180,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Stanley Black & Decker during the 2nd quarter valued at about $107,111,000. Strive Asset Management LLC purchased a new stake in shares of Stanley Black & Decker in the 3rd quarter worth approximately $78,480,000. Clean Energy Transition LLP boosted its stake in shares of Stanley Black & Decker by 56.8% during the third quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock valued at $208,066,000 after purchasing an additional 1,013,756 shares in the last quarter. Schroder Investment Management Group increased its holdings in Stanley Black & Decker by 129.5% during the second quarter. Schroder Investment Management Group now owns 1,753,050 shares of the industrial products company’s stock valued at $118,769,000 after buying an additional 989,032 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in Stanley Black & Decker in the second quarter worth approximately $36,003,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

Shares of NYSE:SWK traded down $0.15 during trading on Friday, hitting $70.94. The stock had a trading volume of 64,773 shares, compared to its average volume of 1,906,260. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $93.37. The stock has a market capitalization of $11.02 billion, a price-to-earnings ratio of 26.70, a price-to-earnings-growth ratio of 1.06 and a beta of 1.18. The stock has a 50-day simple moving average of $83.31 and a two-hundred day simple moving average of $75.99.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the prior year, the firm earned $1.49 earnings per share. Stanley Black & Decker’s revenue for the quarter was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $3.32 dividend on an annualized basis and a yield of 4.7%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 125.28%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SWK shares. Robert W. Baird lifted their price target on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. UBS Group cut their target price on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Citigroup boosted their target price on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.